Why do companies engage in countertrade? List each of its five types.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
Countertrade is the practice of selling goods or services that are paid for in whole or p...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
International Business The Challenges of Globalization
ISBN: 978-0132866880
1st Canadian Edition
Authors: John J. Wild, Kenneth L. Wild, Halia M. Valladares Montemayor
Question Posted:
Students also viewed these Business Communication questions
-
Why do companies engage in PIPE transactions?
-
According to theories presented in this chapter, why do companies engage in foreign direct investment?
-
Countertrade accounts for a substantial proportion of international trade. Do you foresee that the share of countertrade will increase or decline? Why?
-
MVP Company issued a callable bond. The bond is a 7% semiannual coupon bond currently priced at 102 that has a remaining time to maturity of seven years. The bond is callable beginning the end of...
-
Explain the difference between earnings and comprehensive income. Why is this important?
-
Warren Buffett has been a very successful investor. In 2008 Luisa Kroll reported that Buffett topped Forbes Magazine's list of the world's richest people with a fortune estimated to be worth $62...
-
Why is construct validity often so difficult to establish?
-
The income statement of Booker T Industries Inc. for the current year ended June 30 is as follows: Changes in the balances of selected accounts from the beginning to the end of the current year are...
-
In 2017, Eraser Corp had Revenue of $229 million, Cost of Goods Sold of $117 million (this includes Depreciation of $46 million), Sales General and Admin Expenses of $33 million, and faced a tax rate...
-
Financial advisors offer many types of advice to customers, but they generally agree that one of the best things people can do is invest as much as possible in tax-deferred retirement plans. Not only...
-
Compare and contrast export management companies and export trading companies.
-
What are the four main methods of export and import financing?
-
Why is trace analysis used as a means of last resort?
-
The following is a list of 13 measurements. -61, 75, -92, -11, 61, 27, -13, -54, 34, 66, 96, 30, -64 Send data to calculator Suppose that these 13 measurements are respectively labeled X1, X2, X13....
-
Simplify. -3(a + b[2a-a(4 - b)])
-
Powell Company began the Year 2 accounting period with $18,000 cash, $60,200 inventory, $49,400 common stock, and $28,800 retained earnings. During Year 2, Powell experienced the following events:...
-
Suppose two factors are identified for the U.S. economy: the growth rate of industrial production, IP, and the inflation rate, IR. IP is expected to be 3% and IR 6%. A stock with a beta of 1 on IP...
-
The following data was extracted from the records of DT Ltd on 28 February 2021, the end of their financial year: R Share capital (900 000 shares at R2 par value) 1 800 000 Retained income 160 000...
-
For the following telescoping series, find a formula for the nth term of the sequence of partial sums {S n }. Then evaluate to obtain the value of the series or state that the series diverges. lim S...
-
The Heese Restaurant Group manufactures the bags of frozen French fries used at its franchised restaurants. Last week, Heeses purchased and used 101,000 pounds of potatoes at a price of $ 0.70 per...
-
You have recently been hired by a smaller firm that is beginning to expand internationally. When first starting out, most firms choose exporting as their main foreign market entry strategy. However,...
-
Distinguish between international business and globalization of markets.
-
What is the difference between exporting and foreign direct investment?
-
A bond with face value of $1,000 has annual coupons, promised coupon rate of 8%, and 5 years to maturity. Investors require an expected return of 5% from this bond. The probability of default is 2%...
-
How does the increasing influence of technology on governance and civic participation affect democratic processes, and what safeguards are necessary to ensure that technology enhances rather than...
-
Inflation in the United States is 2% per year and in Australia, it is 3% per year. The nominal interest rate in Australia is 6%. What does the Fisher effect predict the nominal interest rate in the...
Study smarter with the SolutionInn App